This page is an archive, only available in English and French.
Christine Lagarde, Minister of Economy, Finance and Employment has decided a downward revision of the State financing programme for 2007, in particular to accommodate stronger fiscal revenues and a lower than expected contribution to the EU budget. The medium and long term (OAT and BTAN) borrowing programme for 2007 net of buybacks is therefore reduced by €5bn, from €102.5bn to €97.5bn.
The new financing programme for 2007 is the lowest since 2002. This decision reaffirms the commitment of the government to assign all additional budget revenues to debt reduction.
Press contact:
Pierre Salaun
33 1 4004 1550
33 6 7224 0388